MAJOR CONTRARIAN SELL SIGNAL: Investors Are More Bullish Than In 99% Of All Periods Since 2002http://www.businessinsider.com/bofa-were-in-the-1-percent-of-investor-bullishness-2013-2/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Tue, 20 Mar 2018 00:41:45 -0400Joe Weisenthalhttp://www.businessinsider.com/c/511949eceab8ea7430000015DHMon, 11 Feb 2013 14:43:40 -0500http://www.businessinsider.com/c/511949eceab8ea7430000015
Not really. Assuming it is based on something actually objective, it look like massive drops follow big tops. Reliably. Look, Sal, just sharpen your pitch and consider the volatility to be an annuity.http://www.businessinsider.com/c/5119414369bedd4c40000001junk scienceMon, 11 Feb 2013 14:06:43 -0500http://www.businessinsider.com/c/5119414369bedd4c40000001
exactly. joe is just reading his own past headlines and reacting.
when i see ACTUAL bubble activity in ACTUAL pricing, then i will worry. all we have now is people telling me that there's a euphoria epidemic but i'm not seeing any follow-through
and joe, we've already survived a decade of no gains...we can surely ride out a technical correction....http://www.businessinsider.com/c/511940b56bb3f75823000006junk scienceMon, 11 Feb 2013 14:04:21 -0500http://www.businessinsider.com/c/511940b56bb3f75823000006
huh? if investors are SOOOOOOOOOOOOOOOOOO BUUUUUUUUULLIIIIIIIIIIIIIIISH...how come the dow is still under 14k? i'll get worried about excess bullishness when stocks ACTUALLY RISEhttp://www.businessinsider.com/c/51191680eab8ea723600000cmvigodMon, 11 Feb 2013 11:04:16 -0500http://www.businessinsider.com/c/51191680eab8ea723600000c
Don't fight the Fed. That saying rarely fails. In all the previous periods of heavy bullish sentiment we did not have an environment with current and expected low rates like this. Basically there is no alternative to the stock market if you want yield.
That said there could be a simple, random, technical selloff of 3% to 10% at any given moment. The difference is this holds true at any moment in time, not just in moments of bullish sentiment indicators. It is however a higher probability to see a profit taking pullback after a run like this since most traders in the market are not in it for the haul and have tight stop losses. Once these all start going off they start a slide down as lower levels trigger other traders lower stop losses. Until it stops....then we usually get pretty strong rallies making up the entire correction.
Who's the winner? Well brokerage firms for one. They love when people trade in and out. The more the better.http://www.businessinsider.com/c/51190ffdeab8eae025000022DHMon, 11 Feb 2013 10:36:29 -0500http://www.businessinsider.com/c/51190ffdeab8eae025000022
I don't use it but I can't avoid watching them or reading their advisement. Look, it's simple game theory. The maximum gain and/or minimum loss from the perspective of the asset manager is to get someone invested and keep them invested. Gains are gravy and losses are a reason to sharpen the sales pitch. Asset managers get paid from fees that are independent of gains and losses. Investors only make money if the manager is any good. Thus, anyone who profits simply from getting someone in the game is less credible when they try to prognosticate the future as the future always sounds rosy.http://www.businessinsider.com/c/511905276bb3f76c31000005Bob123Mon, 11 Feb 2013 09:50:15 -0500http://www.businessinsider.com/c/511905276bb3f76c31000005
What, me worried?
You are kidding, right?http://www.businessinsider.com/c/5118ff3feab8ea327f000012SalMon, 11 Feb 2013 09:25:03 -0500http://www.businessinsider.com/c/5118ff3feab8ea327f000012
You misunderstand the asset management business. Asset managers are supposed to provide you with exposure to several types of beta in an intelligent way. They don't control where the market goes. You are paying them that 50 basis points a year to attempt to outperform the chosen index based on the risk that you are comfortable with. Hedge fund managers get paid on the investment returns. If you are so against the asset management industry, don't use it.http://www.businessinsider.com/c/5118fe686bb3f73a22000013SalMon, 11 Feb 2013 09:21:28 -0500http://www.businessinsider.com/c/5118fe686bb3f73a22000013
Looks to me like that chart has a crappy track record.http://www.businessinsider.com/c/5118eea0eab8eaa355000021allanPMon, 11 Feb 2013 08:14:08 -0500http://www.businessinsider.com/c/5118eea0eab8eaa355000021
People should never listen to the MEDIA morons and the analyst the they shill for ...I am in the business and its time in the markets not timing the markets.People are way to short term orientated bad idea.Had this exact conversation while playing golf with someone I just met he complained he got out of the markets in Nov because he was scared and now it moved up 20% when do I get back in.I said 20% now and scale back in when the dip comes. Remember brokers churn their books 4 times a year to create commissions.Stop thinking short term if your less then 60 years old.Older people should;d make sure they have a balanced portfolio fixed income REITs and shorter duration bonds.http://www.businessinsider.com/c/5118ed90ecad04eb16000001BartowkeMon, 11 Feb 2013 08:09:36 -0500http://www.businessinsider.com/c/5118ed90ecad04eb16000001
Can you please give me a link to the bull & bear index please? I can't find it and it looks and interesting tool. Thanks in advance.http://www.businessinsider.com/c/5118ec29ecad04ad14000002DHMon, 11 Feb 2013 08:03:37 -0500http://www.businessinsider.com/c/5118ec29ecad04ad14000002
You forget that all asset managers and investment pros ... ALL ... use OPM, or other people's money. All they have to do is apologize if they are wrong or come up with a great excuse if they are wrong, or look smart if they are right. It costs them nothing since they earn based on asset management fees, not investment returns. They always get paid regardless of what the market does. It's easy to be bullish if you have nothing to lose.http://www.businessinsider.com/c/5118e682eab8ea854900000dskepticusMon, 11 Feb 2013 07:39:30 -0500http://www.businessinsider.com/c/5118e682eab8ea854900000d
This is why it is a very strange situation. People I speak to in the finance industry are massively bullish on risk assets. They are not expecting a big growth spurt in the economy, but rather they believe the Fed is going to continue pumping in money and they are convinced that the little guy is going to get back in any day now, because they have no choice.
People on main street are very skeptical as they don't see much of an improvement in the real economy and they don't feel like taking on more risk given how expensive the markets are.http://www.businessinsider.com/c/5118dc666bb3f7c365000002bucketheadMon, 11 Feb 2013 06:56:22 -0500http://www.businessinsider.com/c/5118dc666bb3f7c365000002
Are we getting the double-end-around here?
How many people do you know who proclaim uber-bullishness? I know it's not scientific, but seriously... People I know tend towards hoping for a mild recovery (on main street). None are shouting from the rooftops.
What is behind this BS call?http://www.businessinsider.com/c/5118d40769bedd1c2400001eAnton OlffMon, 11 Feb 2013 06:20:39 -0500http://www.businessinsider.com/c/5118d40769bedd1c2400001e
sell!http://www.businessinsider.com/c/5118cad8eab8ea7b09000016realityMon, 11 Feb 2013 05:41:28 -0500http://www.businessinsider.com/c/5118cad8eab8ea7b09000016
?? except usa markets, practically everything in asia has been sold off to the dumps .......... that can probably be explained by free money floating around - where else are usa people going to go except stocks??